Standard Chartered Bank (Thai) expects the Bank of Thailand to start taking a hawkish stance on the policy rate in June, though an actual rate hike might have to wait until the second half of next year.
The bank predicts the Bank of Thailand will keep its policy rate unchanged at 0.5% until the middle of 2023 to support the economic recovery because growth is the central bank’s priority.
However, the Bank of Thailand is expected to start signalling a shift to normalisation at its Monetary Policy Committee (MPC) meeting in June this year, said Standard Chartered economist Tim…
